dried apricots

Dried Apricots: Price increases have stagnated slightly MALATYA: Continuously rising apricot price increases have stagnated slightly

Mintec Global
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Market players informed raw material prices are fluctuating between 55-60 TL /kg for the last two weeks, meaning that the increases have stagnated slightly. But this month is decisive according to the market players as the previous month. It was mainly the export of low-priced contracts made at the beginning of the season, but this month, primarily high-priced new agreements will be exported. It is stated that if the export amount remains at the general average levels (around 8 thousand mt per month) at the end of this month, this shall mean that the high prices are taken for granted by the buyers. If the export is around 3-4 thousand mt/month by the end of the month, it will mean that the prices are too high. In this case, the costs may decrease.

It is also stated that the slightly lower prices compared to the previous week are not due to raw material prices but to the TL depreciation.

In summary, there is a pause in price increases in the markets, but the main reason for this is foreign exchange. Jumbo is nowadays, for example, offered at 7000 Usd/mt.

Turkey exported 30.784 mt so far, which was 27.669 mt last year during the same period. Last week’s exports were 2116 mt apricots, which was 2472 mt during the same week of the previous year.

Dried Apricots, Turkey, Crop 2021 , 2000 ppm 

Size 

USD/mt 

EURO/mt 

Jumbo

  7.050

                                   6.100

No. 2*

                  6.650

5.725

No. 4*

6.550

5.650

No. 6*

6.450

5.550

No. 8*

6.250

5.350

FOB Mersin/İzmir*2000 ppm 

Dried apricot exports on the mt basis 

Type/Season 

2021 

2020 

Whole

27.009

24.526

Industrial

1.622

1.377

Diced

2.153

1.766

Total 

30.784 

27.669 

Since the beginning of the season 

Source: Trade etc.